Condo Insurance

What is Condo Insurance?

Condo Insurance is designed for individuals who live in a unit structure owned and insured by a condo association, townhouse association cooperative, homeowner's association, planned community or other similar type of organization.

The insurance the association provides only covers the outside dwelling, not the contents of your unit, so it's important to consider purchasing this type of insurance to protect against personal property losses and liability

Typical Benefits of a Condo Insurance Policy:

Coverage for damage to personal property such as furniture, computer equipment and clothing

Fill in the gaps of the master insurance policy and cover losses under master policy deductibles

Personal liability coverage

Interior walls and floor coverings coverage

Coverage for improvements or upgrades (most master insurance policies only cover the original condition and value of the unit).